ALLTEK — Investor Presentation 2019

Oct 8, 2019

ALLTEK (3209)

General Manager Hank Hsieh 2019/10/8

Safe Harbor Statement

 These information which may include statements regarding its results of operations, financial condition or business prospects, are subject to significant risks and uncertainties and are based on Alltek’s current expectations. Actual results may differ materially from those expressed or implied in these forward-looking statements.

 Except as required by law, our release of financial forecasts and forwardlooking statements at any particular time does not create any duty of disclosure, and we expressly disclaim any obligation to publicly update or revise any forecasts or forward-looking statements, whether as a result of new information, future events or otherwise.

• In addition, any financial information contained here within is presented in conformity with International Financial Reporting Standards (IFRSs).

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Agenda

、 1 Overview

、 2 Company Introduction

、 3 Financial Update

、 4 Business Outlook

、 5 Questions & Answers

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2

Overview

Alltek Technology Corp. was founded in April 1991 as a professional communication components distributor and solution provider and progressively enters fields of biology, automobile components, and maritime communication components. Revenue 2019 Jan.-Sep. is NTD 28 billion (YoY increase of 4.7 billion, 20% increase)

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Company Introduction

 Founded:1991

 Date of IPO:March 2004

 Employees: 560

 Paid-in Cap: NTD 1.73 billion

• Office Locations: 18

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4

Financial Update-Revenue

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Unit: NTD $100M
318
316
350
281 280
300
244
223
250
192
200 169
150
100
50
-
2012 2013 2014 2015 2016 2017 2018 2019
Jan.-Sep.
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Financial Update-Revenue Share

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74% 6% 20%

Network Communication Analog & Discretes Memory

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Financial Update-Statements of Comprehensive Income

Unit: NT$ M

Item	2019 Jan.~Jun.	2019 Jan.~Jun.	2018 Jul.~Dec.	2018 Jul.~Dec.	2018 Jan.~Jun.	2018 Jan.~Jun.
	Amount	%	Amount	%	Amount	%
Operating Revenue	17,250	100.00%	17,088	100.00%	14,707	100.00%
Gross Profit	654	3.79%	831	4.86%	622	4.23%
OperatingExpenses	471	2.73%	540	3.16%	435	2.96%
OperatingIncome	184	1.06%	291	1.70%	186	1.27%
Finance Costs	(113)	-0.66%	(133)	-0.78%	(110)	-0.75%
Other Gains and Losses	48	0.28%	23	0.13%	40	0.27%
Profit Before Tax	118	0.69%	181	1.06%	116	0.79%
Tax Expense	(21)	-0.12%	(55)	-0.32%	(26)	-0.17%
Profit	98	0.57%	126	0.74%	90	0.61%
EPS	0.55		0.72		0.53

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Financial Update-Balance Sheet

Item	2019/6/30	2019/6/30	2019/3/31	2019/3/31	2018/6/30	2018/6/30	Unit: NT$ M
	Amount	%	Amount	%	Amount	%
Cashand cashequivalents	384	3%	415	4%	214	2%
Accounts receivable	4,015	33%	3,339	31%	4,272	39%
Inventories	6,840	55%	5,975	55%	5,438	50%
Othercurrent assets	474	4%	441	4%	511	5%
Non-current assets	612	5%	615	6%	495	5%
Total Assets	12,325	100%	10,785	100%	10,930	100%
Short-termborrowings	3,463	28%	3,337	31%	3,534	32%
Accountspayable	2,514	20%	2,431	23%	1,991	18%
Othercurrentliabilities	1,553	13%	2,065	19%	1,003	9%
Long-termborrowings	1,961	16%	-	0%	1,371	13%
Others	161	1%	171	2%	432	4%
Total Liabilities	9,652	78%	8,004	74%	8,331	76%
Total Equity	2,673	22%	2,781	26%	2,599	24%
**Index **
Currentratio	156%		130%		160%
Debtratio	78%		74%		76%

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Financial Update- Cash Operating Cycle

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AR in Days Inventory in Days AP in Days Cash Operating Cycle Days
94
100 91
86
90
80
67 68
63
70
60
49
47
46
50
40
24
22 23
30
20
10
-
2017 2018 2019
Jun.
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Financial Update-Affiliates Map

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ALLTEK
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Pantek Alltek Group AMEC Alltek (SG)
Shares ： 100% Shares ： 100% Shares ： 54% Shares :40%
www.pantek.com.tw www.alltek.com.tw www.alltekmarine.com www.alltek.sg
GLB
Shares ： 23%
All Plus Alltek (H.K.) All Pan www.glbiotech.com.tw
Shares ： 100% Shares ： 100% Shares ： 100%
ALDER
Shares ： 20%
Alltek(SZ) YMY(SH) https://www.alder.com.tw/
Shares ： 100% Shares ： 100%
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Financial Update-Subsidiaries and Joint Ventures

Unit: NT$ M

Subsidiaries and Joint Venture	Main Business	Shares	Subsidiaries and Joint Venture Profit (Loss)	Subsidiaries and Joint Venture Profit (Loss)	Subsidiaries and Joint Venture Profit (Loss)
			2017	2018	2019 Jan.~Jun.
Alltek Group	Invest in Overseas and Greater CHN	100%	120	(35)	(44)
Pantek	Electronics Distributor	100%	(24)	(17)	(18)
AMEC	Marine Electronics	54%	6	11	10
GLB	Meters and Strips(GLU,TC,UA,HB.)	23%	2	46	76
ALDER	High Power LED	20%		2	(15)

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Business Outlook

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Data Center
Access Network
10G EPON
XGS-PON
12
AIoT
Wi-Fi 6
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Q&A

• Getting More Info about

ALLTEK

www.alltek.com

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